Flying high in the first quarter

In the first quarter of 2012, the company recorded a 20% increase in turnover compared with the same quarter in 2011 and given this result, the company is expecting to continue its positive business development in the future. With direct sales exceeding €30 million, 2011 was the most successful year in the company's corporate history. This is also reflected in the number of employees – the development department grew by 29% and benefited most from the recruitment drive.

"Open Mind specialises in the development of CAM software and our hyperMILL CAM solution has been a technology leading tool for years allowing us to consistently increase our market share," remarked CEO, Volker Nesenhöner. “Our success as an independent developer speaks for itself and we are confident that we will continue our global expansion based on this strong foundation."

Open Mind reported direct sales of €27 million in 2010. In 2011, sales climbed to over €30 million with products from the hyperMILL CAM suite operational in over 15,000 installations around the world. The CAM solution combines all strategies for 2D, 3D, HSC, 5-axis and mill/turn machining under a single, intuitive interface. The broad range of processing strategies allows even complex workpieces to be machined in a single set-up.

Open Mind
www.openmind-tech.com